With reference to the Indian economy, Collateral Borrowing and Lending Obligations are the instruments of :

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(a). Bond market

(b). Forex market

(c). Money market

(d). Stock market


Explanation:

Collateral Borrowing and Lending Obligations (CBLOs) are instruments of the money market in the Indian economy. CBLOs are short-term agreements between a borrower and a lender that allow the borrower to receive cash from the lender in exchange for collateral, typically government securities. CBLOs are used to manage liquidity.

The money market is a part of the financial market that deals in short-term assets, such as loans, securities, and other instruments with maturities of one year or less. Money market funds often invest in low-risk, highly liquid securities, like government securities, certificates of deposit, and commercial paper

The answer is: (c).

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